Highland Electric Transportation

Automobiles, Other Vehicles & PartsSeries AHamilton, UShighlandet.com

Latest round

Series A

Last raised

Feb 2021

Total raised

$254M

Investors

2

About Highland Electric Transportation

Highland Electric Transportation, Inc.Founded in 2018 and headquartered in Hamilton, US, Highland Electric Transportation, Inc. focuses on electrifying school bus fleets.Highland Electric Fleet offers comprehensive electrification solutions for school bus fleets, which includes the conversion of traditional diesel buses to electric. They work with several school districts across the US, delivering about 900 electric buses under contract, which allows clients to operate with environmentally friendly transportation at or below diesel costs.Highland Electric Fleet operates primarily on a revenue model based on contracts with school districts for electric bus fleets and related services. Their business involves direct partnerships with school districts to deploy electric buses, aided by grants and incentives that total approximately USD 525 mn.Highland Electric Transportation, Inc. The company plans to expand its market reach, targeting additional school districts across the United States, and is also focused on launching new products that enhance fleet optimization. With Duncan McIntyre continuing as CEO, the firm is poised for strategic growth in the electrification sector.

Who invested in Highland Electric Transportation

2 investors across 1 round

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Funding rounds

  1. Series A

    Feb 16, 2021

    Amount

    $254M

    Investors

    Locked

Questions about Highland Electric Transportation

Who invested in Highland Electric Transportation?

Highland Electric Transportation has 2 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Highland Electric Transportation raised?

Highland Electric Transportation has raised 1 venture round. Sign up free to see how much each round raised and the total.

When did Highland Electric Transportation last raise money?

Highland Electric Transportation's most recent round on record is a Series A, in Feb 2021.

What does Highland Electric Transportation do?

Highland Electric Transportation, Inc.

Where is Highland Electric Transportation headquartered?

Highland Electric Transportation is headquartered in Hamilton, US.

Which VCs invest in companies like Highland Electric Transportation?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back automobiles, other vehicles & parts companies at Highland Electric Transportation's stage. Their profiles are linked below.

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